Four members of Singapore’s Ng family, including Sino Group chairman Robert Ng and his children, have been designated as “politically significant persons” under the Foreign Interference (Countermeasures) Act due to their memberships in the Chinese People’s Political Consultative Conference. While the Ng family members have not engaged in any egregious activity, they are required to disclose political donations and foreign affiliations annually. As of March 31, seven Singaporeans have declared their memberships in foreign political organizations, with notices issued to the four Ng family members only.
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Trump threatens additional 50% tariffs on China over retaliatory levies
President Trump has threatened to impose a 50% tariff on imports from China unless they remove retaliatory tariffs by Tuesday, following Beijing's 34% tariff on US imports. Global markets have been in turmoil since Trump initiated a trade war with tariffs on US trading partners last Wednesday, resulting in catastrophic falls worldwide. The escalating trade tensions between the US and China have raised concerns about the impact on the global economy. Full Article
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